by our College Data Analytics TeamA large number of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Meridian College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Meridian College offer, and what will you qualify for? Read on for more information. Keep scrolling to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Meridian College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Meridian College, 73% of entering full-time freshmen got some type of financial assistance around 51 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $4,575 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 64% | $4,575 |
| State/local grants | 0% | — |
| Federal student loans | 66% | $3,270 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 54% of undergraduates were awarded grant or scholarship aid averaging $4,691 (across roughly 97 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $4,691 |
| Federal Pell grants | 54% | $4,691 |
| Federal student loans | 52% | $3,183 |
For students living on campus and receiving title-IV aid, grants averaged $3,871.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,786 |
| $30,001 – $75,000 | $31,227 |
| Over $75,000 | $36,062 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,812 |
| Off-campus title-IV students | $32,089 |
To project your own net price, use Meridian College’s net price tool: www.meridian.edu/disclosures/.
The middle student in the debt distribution at Meridian College owes $13,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Meridian College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,886 |
| 25th percentile | $5,500 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $23,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,940 |
| Continuing-generation students | $13,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $13,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Meridian College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Meridian College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1970 |
| Total Stafford loan amount | $22,492,185 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $33,500 |
| Average GI Bill amount per recipient | $11,167 |
References
More about our data sources and methodologies.